ALKT vs. QTWO
ALKT (Alkami Technology, Inc.) and QTWO (Q2 Holdings, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, ALKT returned -13.07%/yr vs -13.94%/yr for QTWO. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
ALKT vs. QTWO - Performance Comparison
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Returns By Period
In the year-to-date period, ALKT achieves a -31.30% return, which is significantly higher than QTWO's -37.89% return.
ALKT
- 1D
- -0.25%
- 1M
- -11.80%
- YTD
- -31.30%
- 6M
- -25.76%
- 1Y
- -47.96%
- 3Y*
- 1.07%
- 5Y*
- -13.07%
- 10Y*
- —
QTWO
- 1D
- -1.95%
- 1M
- -10.59%
- YTD
- -37.89%
- 6M
- -39.02%
- 1Y
- -50.89%
- 3Y*
- 17.10%
- 5Y*
- -13.94%
- 10Y*
- 5.15%
ALKT vs. QTWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ALKT Alkami Technology, Inc. | -31.30% | -37.10% | 51.26% | 66.21% | -27.27% | -53.35% |
QTWO Q2 Holdings, Inc. | -37.89% | -28.31% | 131.86% | 61.56% | -66.18% | -24.12% |
Correlation
The correlation between ALKT and QTWO is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.63 |
The correlation between ALKT and QTWO has been stable across timeframes, ranging from 0.63 to 0.68 - a consistent structural relationship.
Fundamentals
ALKT:
$1.69B
QTWO:
$3.03B
ALKT:
-$0.48
QTWO:
$1.07
ALKT:
3.51
QTWO:
3.76
ALKT:
4.55
QTWO:
4.96
ALKT:
$471.94M
QTWO:
$821.58M
ALKT:
$272.71M
QTWO:
$456.61M
ALKT:
-$17.46M
QTWO:
$105.55M
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Return for Risk
ALKT vs. QTWO — Risk / Return Rank
ALKT
QTWO
ALKT vs. QTWO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkami Technology, Inc. (ALKT) and Q2 Holdings, Inc. (QTWO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ALKT | QTWO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.78 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.96 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.45 | -1.51 | +0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALKT | QTWO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.95 | -1.16 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | -0.28 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 0.21 | -0.57 |
Drawdowns
ALKT vs. QTWO - Drawdown Comparison
The maximum ALKT drawdown since its inception was -79.03%, smaller than the maximum QTWO drawdown of -85.77%. Use the drawdown chart below to compare losses from any high point for ALKT and QTWO.
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Drawdown Indicators
| ALKT | QTWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.03% | -85.77% | +6.74% |
Max Drawdown (1Y)Largest decline over 1 year | -50.50% | -53.08% | +2.58% |
Max Drawdown (3Y)Largest decline over 3 years | -63.88% | -59.68% | -4.20% |
Max Drawdown (5Y)Largest decline over 5 years | -73.50% | -80.69% | +7.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -85.77% | — |
Current DrawdownCurrent decline from peak | -66.76% | -69.45% | +2.69% |
Average DrawdownAverage peak-to-trough decline | -52.41% | -30.20% | -22.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.16% | 33.84% | -0.68% |
Volatility
ALKT vs. QTWO - Volatility Comparison
The current volatility for Alkami Technology, Inc. (ALKT) is 13.93%, while Q2 Holdings, Inc. (QTWO) has a volatility of 18.44%. This indicates that ALKT experiences smaller price fluctuations and is considered to be less risky than QTWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALKT | QTWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.93% | 18.44% | -4.51% |
Volatility (6M)Calculated over the trailing 6-month period | 37.49% | 32.97% | +4.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.76% | 44.22% | +6.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.13% | 50.12% | -1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.72% | 44.29% | +4.43% |
Dividends
ALKT vs. QTWO - Dividend Comparison
Neither ALKT nor QTWO has paid dividends to shareholders.
Financials
ALKT vs. QTWO - Financials Comparison
This section allows you to compare key financial metrics between Alkami Technology, Inc. and Q2 Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALKT vs. QTWO - Profitability Comparison
ALKT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported a gross profit of 73.87M and revenue of 126.14M. Therefore, the gross margin over that period was 58.6%.
QTWO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported a gross profit of 127.91M and revenue of 216.51M. Therefore, the gross margin over that period was 59.1%.
ALKT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported an operating income of -5.71M and revenue of 126.14M, resulting in an operating margin of -4.5%.
QTWO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported an operating income of 27.69M and revenue of 216.51M, resulting in an operating margin of 12.8%.
ALKT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported a net income of -9.96M and revenue of 126.14M, resulting in a net margin of -7.9%.
QTWO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported a net income of 26.64M and revenue of 216.51M, resulting in a net margin of 12.3%.
Frequently Asked Questions
ALKT and QTWO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QTWO has higher volatility (18.44%) compared to ALKT (13.93%). In terms of maximum drawdown, ALKT dropped -79.03% vs QTWO's -85.77%.
ALKT currently has the higher Sharpe Ratio (-0.95 vs -1.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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